Decred (DCR)

Tokenomics & Utility

DCR has a planned supply ceiling of about 21 million coins. New coins enter circulation through block rewards, which shrink gradually rather than through occasional large halvings. The scheduled reward falls by a factor of 100/101 every 6,144 blocks, or roughly every three weeks. Actual issuance can be below the schedule’s upper limit when votes are missed and parts of a reward go unallocated. (docs.decred.org)

The current block-reward formula divides newly issued DCR among three groups: 1% for the proof-of-work miner, 89% for the proof-of-stake voters, and 10% for the treasury. This split reflects changes approved after launch; older descriptions of Decred may show different miner and voter shares. Miners also receive transaction fees from the blocks they create. For ticket holders, rewards are tied to voting, while the treasury receives a continuing share for project work. (docs.decred.org)

DCR therefore serves several connected purposes. It transfers value between users, pays network fees, and buys the tickets needed for formal participation in governance. A ticket locks its DCR until it votes, misses its vote, or expires. The ticket price and the waiting period make voting a more involved choice than simply holding coins in a wallet. (docs.decred.org)